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Worldsec Limited reported an unaudited net loss of US$490,000 for the six months ended 30 June 2026, versus a loss of US$97,000 a year earlier. The company also said it appointed Elemental Company Secretary Limited as company secretary in September 2026.
* Oil has continued to trend lower during Wednesday's APAC session as talks continue on the sidelines of this week's UN gathering. The fact negotiations are even taking place to facilitate Middle East energy shipments is driving optimism in markets but the situation remains very precarious. UST futures are higher, but
The Australian dollar hovered above $0.72 near multi-month highs as increasingly hawkish RBA signals lifted expectations for another rate hike this month. Markets price about a 69% chance of a 25-basis-point hike to 4.60% on Sept. 29.
Australian business conditions turned negative in August for the first time in six years. Business confidence fell 2 points to minus-8 points and stayed well below its long-run average amid concerns over global shocks and falling profits.
A National Australia Bank survey showed a measure of Australian business conditions slipped to six-year lows in August, as cost pressures squeezed profit margins and firms worried about further interest-rate increases.
Australian NAB Business Conditions
Brown-Forman said first-quarter fiscal 2027 results were largely in line with expectations and reaffirmed full-year guidance for flat organic net sales and a 3% to 5% decline in organic operating income.
() -- Business confidence in Australia rose 9 points to negative 5 in June, driven by gains in retail and manufacturing, National Australia Bank said in a Tuesday report. Confidence remains 4 points below its February level and below the long run average of 5 index points, NAB said. It remains negative in all industrie
Australian NAB Business Conditions Actual 3 (Forecast -, Previous 3)
Australian NAB Business Conditions